XML 45 R30.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Description of Business and Summary of Significant Accounting Policies (Tables) | 12 Months Ended
--- | ---
Aug. 31, 2022
Accounting Policies [Abstract] |
Schedule of Components of Property, Plant and Equipment | Estimated useful lives for major classes of depreciable assets are as follows:
Asset Class | Estimated Useful Life
Buildings | Up to 35 years
Leasehold improvements | Shorter of lease term or useful life of the improvement
Machinery and equipment | 2 to 10 years
Furniture, fixtures and office equipment | 5 years
Computer hardware and software | 3 to 7 years
Transportation equipment | 3 years
Property, plant and equipment consists of the following (in millions):
| August 31, 2022 |  | August 31, 2021
Land and improvements | $ | 108 |  |  | $ | 143 |
Buildings | 1,191 |  |  | 1,216 |
Leasehold improvements | 1,362 |  |  | 1,249 |
Machinery and equipment | 5,627 |  |  | 5,216 |
Furniture, fixtures and office equipment | 241 |  |  | 234 |
Computer hardware and software | 860 |  |  | 819 |
Transportation equipment | 10 |  |  | 9 |
Construction in progress | 179 |  |  | 222 |
Property, plant and equipment | 9,578 |  |  | 9,108 |
Less accumulated depreciation and amortization | 5,624 |  |  | 5,033 |
Property, plant and equipment, net | $ | 3,954 |  |  | $ | 4,075 |
Summary of Changes in AOCI | The following table sets forth the changes in AOCI, net of tax, by component during the fiscal year ended August 31, 2022 (in millions):
| Foreign Currency Translation Adjustment |  | Derivative Instruments |  | Actuarial Gain (Loss) |  | Prior Service (Cost) Credit |  |  |  | Total
Balance as of August 31, 2021 | $ | (20) |  |  | $ | (36) |  |  | $ | 51 |  |  | $ | (20) |  |  |  |  | $ | (25) |
Other comprehensive (loss) income before reclassifications | (68) |  |  | 1 |  |  | 28 |  |  | — |  |  |  |  | (39) |
Amounts reclassified from AOCI | — |  |  | 32 |  |  | (14) |  |  | 4 |  |  |  |  | 22 |
Other comprehensive (loss) income(1) | (68) |  |  | 33 |  |  | 14 |  |  | 4 |  |  |  |  | (17) |
Balance as of August 31, 2022 | $ | (88) |  |  | $ | (3) |  |  | $ | 65 |  |  | $ | (16) |  |  |  |  | $ | (42) |
(1)Amounts are net of tax, which are immaterial.
Reclassification out of Accumulated Other Comprehensive Income | The following table sets forth the amounts reclassified from AOCI into the Consolidated Statements of Operations, and the associated financial statement line item, net of tax, for the periods indicated (in millions):
|  |  |  | Fiscal Year Ended August 31,
Comprehensive Income Components |  | Financial Statement Line Item |  | 2022 |  | 2021 |  | 2020
Realized losses (gains) on derivative instruments:(1) |  |  |  |  |  |  |  |
Foreign exchange contracts |  | Cost of revenue |  | $ | 30 |  |  | $ | (44) |  |  | $ | 15 |
Interest rate contracts |  | Interest expense |  | 2 |  |  | 3 |  |  | (1) |
Actuarial gain |  | (2) |  | (14) |  |  | (16) |  |  | (3) |
Prior service cost |  | (2) |  | 4 |  |  | 1 |  |  | — |
Available for sale securities |  | (Gain) loss on securities |  | — |  |  | — |  |  | 36 |
Total amounts reclassified from AOCI(3) |  |  |  | $ | 22 |  |  | $ | (56) |  |  | $ | 47 |
(1)The Company expects to reclassify $28 million into earnings during the next twelve months, which will primarily be classified as a component of cost of revenue. (2)Amounts are included in the computation of net periodic benefit cost. Refer to Note 10 – “Postretirement and Other Employee Benefits” for additional information. (3)Amounts are net of tax, which are immaterial for the fiscal years ended August 31, 2022, 2021 and 2020.
Schedule of Dilutive Shares Outstanding Not Included in the Computation of Earnings Per Share | Potential shares of common stock not included in the computation of earnings per share because their effect would have been antidilutive or because the performance criterion was not met were as follows (in thousands):
| Fiscal Year Ended August 31,
| 2022 |  | 2021 |  | 2020
Restricted stock units | 209.4 |  |  | 655.0 |  |  | 728.3 |

X
- References No definition available. + Details
Name: | us-gaap_AccountingPoliciesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 + Details
Name: | us-gaap_PropertyPlantAndEquipmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI https://asc.fasb.org/extlink&oid=126968391&loc=SL7669686-108580 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI https://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration